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CMG Home Loans Welcomes SVP, Senior Loan Officer Paula White to Mid-Atlantic Team

FAIRFAX, VA / ACCESSWIRE / June 6, 2024 / CMG Home Loans, the retail lending arm of the well-capitalized and privately held mortgage banking firm CMG Financial, has announced the

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Pennymac TPO hires former Citizens Bank mortgage executive

Kristy Dickey named Pennymac's FVP of TPO sales; firm adds five senior account executives from Citizens after its wholesale channel exit.

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Steve Wiese: Lenders Must Focus on Mitigating Bias in the Appraisal Process

Steve Wiese: Lenders Must Focus on Mitigating Bias in the Appraisal Process
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2008 & 2018 lenders: ghosts in the machine; warehouse, pre-approval, DPA, manufactured housing, marketing products

“If you have no interest in banking, you are not a loan.” (Best said out loud to a 6th grader.) Cutting edge humor aside, this morning I head to Orlando for the FAMP event, in a state where there are a total of 186 banks operating with 4162 branches. Some of the conversation will be about Freddie Mac earning $2.9 billion in the 2nd quarter (how’d your company do?). Banks… Last Friday we saw something we haven’t seen for a while: a bank closure. “Heartland Tri-State Bank of Elkhart, Kansas, was closed by the Kansas Office of the State Bank Commissioner, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver… the FDIC entered into a purchase and assumption agreement with Dream First Bank, National Association, of Syracuse, Kansas…” While we’re on Agency and government news, the Federal Reserve's quarterly Senior Loan Officer Opinion Survey found that banks have tightened credit standards f

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Furthering The Vision Of The Fair Housing Act, Federal Reserve Vice Chair For Supervision Michael S. Barr, At "Fair Housing At 55—Advancing A Blueprint For Equity" National Fair Housing Alliance 2023 National Conference, Washington, D.C.

Furthering The Vision Of The Fair Housing Act, Federal Reserve Vice Chair For Supervision Michael S. Barr, At "Fair Housing At 55—Advancing A Blueprint For Equity" National Fair Housing Alliance 2023 National Conference, Washington, D.C.
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